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Sets FY27 deconversion revenue estimate at $30M after Q1 results of $17.9 million
JKHYJack Henry & Associates Inc
Jack Henry & Associates announced fiscal 2027 first-quarter deconversion revenue of $17.9 million for the period ended September 30, 2026. Based on this performance, the company set a full-year estimate of $30.0 million for deconversion revenue. Deconversion revenue arises when clients are acquired by other financial institutions and terminate their contracts with Jack Henry; it is excluded from non-GAAP revenue as it reflects events outside the company's control rather than ongoing operations. Jack Henry & Associates provides technology solutions to banks and credit unions.